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Congressional Report: Obamacare Leads to Skyrocketing Premiums, 200 Percent Possible
newsmax ^ | 3-20-13 | Jim Meyers

Posted on 03/21/2013 7:24:08 AM PDT by TurboZamboni

An exhaustive study by three congressional committees delivers startling news about the dire effects of Obamacare: President Barack Obama’s signature legislation could increase health insurance premiums by over 200 percent and render insurance coverage unaffordable for millions of Americans.

Broadly, the new report declares that Obamacare “breaks its core promise” to make healthcare coverage affordable.

The report, “The Price of Obamacare’s Broken Promises,” was prepared by the House Committee on Energy and Commerce, Majority Staff; Senate Committee on Finance, Minority Staff; and Senate Committee on Health, Education, Labor and Pensions, Minority Staff.

“Studies and analyses from the Congressional Budget Office, independent actuaries, state insurance commissioners, health plans, benefit consultants, and others have reached the same conclusion: Obamacare will significantly increase premiums,” the congressional report states.

“Some estimates show some Americans facing startling premium increases of 203 percent because of the law.

(Excerpt) Read more at newsmax.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0care; 200; abortion; cbo; deathpanels; democrats; fraud; healthcarepremiums; obama; obamacare; obamacarecosts; obamacarepremiums; obamadeathcare; pelosi; premiums; socialisthealthcare; zerocare
hoax and chains.
1 posted on 03/21/2013 7:24:08 AM PDT by TurboZamboni
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To: TurboZamboni

Part of the plan to go to a single payer.


2 posted on 03/21/2013 7:25:51 AM PDT by kabar
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To: TurboZamboni
The people who don't have any net worth get it for free.

The people who have positive net worth pay through the nose until they, too, have no net worth.

All part of the plan to have the feral government own everything and the peasants rent everything from them.

But don't you dare call it indentured slavery!

3 posted on 03/21/2013 7:26:44 AM PDT by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: TurboZamboni

Remember: We had to pass it to see what was in it... :)


4 posted on 03/21/2013 7:27:39 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: TurboZamboni

We’ll see if the sheeple get the cojones to revolt.


5 posted on 03/21/2013 7:27:48 AM PDT by Da Coyote
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To: SMARTY

Clearly the Congressional Budget Office, independent actuaries, state insurance commissioners, health plans, and benefit consultants are all racist.


6 posted on 03/21/2013 7:28:49 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: TurboZamboni

"Suckers. NOT for us.
NOT for OUR families."

7 posted on 03/21/2013 7:29:10 AM PDT by Diogenesis (De Oppresso Liber)
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To: TurboZamboni
Congressional Report: Obamacare Leads to Skyrocketing Premiums, 200 Percent Possible

How can that be? 0bamascare is the "AFFORDABLE Health Care Act". /sarc

8 posted on 03/21/2013 7:30:15 AM PDT by The Sons of Liberty (It's not "GUN CONTROL"! It's "PEOPLE CONTROL"!)
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To: TurboZamboni

If we had a real Media this would not be on Newsmax, it would be front page on every paper and first story on the Alphabet channels.

Pelosi and the idiots who voted for this mess without reading it are only partially responsible, The Media grabs more than their share of the blame for hiding the facts.

This crap is going to break the bank and ruin health care.

Already Doctors are bailing out. New doctors will not be able to repay their loans and we will be getting Island Doctors coming in to replace them.


9 posted on 03/21/2013 7:31:35 AM PDT by Venturer
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To: TurboZamboni

If enough claims are shown to be materially false, a government consumer protection agency would intervene on behalf of a consumer to protect them from the evil greedy corporation that sold them the bill of goods based on fraudulent claims.

Who can we call to protect us against ObamaCare as the fraudulent claims pile up?


10 posted on 03/21/2013 7:31:57 AM PDT by theBuckwheat
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To: TurboZamboni
And almost half the Republican US Senators voted yesterday for H.R. 933 (Department of Defense, Military Construction and Veterans Affairs, and Full-Year Continuing Appropriations Act, 2013 that includes Obamacare funding.

...including my senator John Cornyn.

11 posted on 03/21/2013 7:32:33 AM PDT by TexasCajun
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To: kabar
"Part of the plan to go to a single payer."

Absolutely, these premium rate increases will collapse the system and chaos will ensue. The voters will demand that the government DO SOMETHING and the politicians will give them single payer government health care that will employ millions of permanent Democrat voters.

12 posted on 03/21/2013 7:36:48 AM PDT by Truth29
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To: TurboZamboni

Not unexpected. Law of supply and demand still applies. Declining supply of doctors (as is well documented) combined with increased demand WILL result in some combination of increased prices and shortages (rationing).

Anyone who thought differently was/is an idiot. Many of those who said differently were lying to take advantage of the idiots.


13 posted on 03/21/2013 7:39:23 AM PDT by tanknetter
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To: kabar

I heard Howard Dean acknowledge just that with my own ears.


14 posted on 03/21/2013 7:41:18 AM PDT by tanknetter
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To: TurboZamboni
“If you think health care is expensive now, wait until you see what it costs when it's free.” ― P.J. O'Rourke
15 posted on 03/21/2013 7:42:22 AM PDT by mc5cents
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To: TurboZamboni

And yet I keep hearing (one was from a political studies major) who couldn’t wait for Obamacare to kick in so ‘she can afford health insurance...”

I just keep my mouth shut.


16 posted on 03/21/2013 7:45:22 AM PDT by autumnraine (America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
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To: TurboZamboni

Keeping me awake at night. Must be others?


17 posted on 03/21/2013 7:46:23 AM PDT by steve86 (Acerbic by Nature, not NurtureĀ™)
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To: mc5cents

The only real good thing that will come from Obamacare will be that it comes into effect before next year’s mid-term elections.

A radically declining economy caused by spiraling Taxes and Health Insurance premiums just might be the thing to wake people up and give the Donkeys the boot.

Then again, it might not...

Come Lord Jesus take me home!


18 posted on 03/21/2013 7:47:51 AM PDT by boilerfan (Hoosier born, Boilermaker educated!)
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To: TurboZamboni
Anecdotal evidence ... mine ...
Monthly premiums for private insurance went from $576 to $776 to $1130 in 15 months. I guess I should be grateful, however, as a friend of mine 5 years younger than I now pays $1250 a month for his.

I will be eligible for Medicare in 18 months, if I live that long. I wonder if I will be one of the first ones to be denied care.

19 posted on 03/21/2013 7:50:29 AM PDT by RightField (one of the obstreperous citizens insisting on incorrect thinking - C. Krauthamer)
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To: TurboZamboni

Anyone who bought into the affordable healthcare scam was an idiot beforehand, the kind of person liberals feed on.


20 posted on 03/21/2013 7:52:25 AM PDT by pallis
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To: TurboZamboni
Do not forget that John Boehner, Speaker of the House with a Republican controlled House, refuses to defund Obamacare and its' enforcement.

Do not forget, they will not fight when they have means available.

21 posted on 03/21/2013 7:59:27 AM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: mc5cents
And if you want get an idea of how single player works in UK....

Google: Liverpool pathway controversy

Snip from the top article.....

Pensioner placed on Liverpool Care Pathway WITHOUT family's permission dies after spending eight days without food or water Susan Phillips said father Robert Goold, 69, was left to slowly deteriorate She claimed doctors said there was no record in his notes about LCP He died without being able to say goodbye to his wife of 51 years Addenbrooke's Hospital said it will investigate the family's claims

By Leon Watson

PUBLISHED: 08:04 EST, 6 March 2013 | UPDATED: 12:06 EST, 6 March 2013

A grieving daughter has lodged a complaint against a hospital which left her father to die on a 'barbaric' end of life pathway for eight days without her permission.

Susan Phillips said her 69-year-old father Robert Goold was left to slowly deteriorate for more than a week on the controversial Liverpool Care Pathway.

The pensioner, who had dementia, got weaker and weaker as doctors took food, water and oxygen away from him but survived longer than they expected.

Addenbrooke's Hospital...yeah...they did the same to my dad...only he wasn't suffering from dementia...at least they gave him a morhene drip that he could work

22 posted on 03/21/2013 8:10:38 AM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: RightField
Monthly premiums for private insurance went from $576 to $776 to $1130 in 15 months. I guess I should be grateful, however, as a friend of mine 5 years younger than I now pays $1250 a month for his.

Ours went from $668/mon to $1439 over a similar time period, all due to extra stuff Omaba care made them add to our high dectucible policy ($10,000 deductible).

That's $17, 268 dollars a year !! I can't really afford it anymore, though now I get to have pregnancy coverage ( past the age, I'm afraid), early drug/alcohol intervention treatment (mr rb and I neither drink, nor smoke), and a whole host of other coverages we neither want, nor can afford.

We have been served.

23 posted on 03/21/2013 8:11:36 AM PDT by Red Boots
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To: TurboZamboni

Thank you, Chief Justice Roberts. Your infamous ruling will bankrupt the USA and put rioters in the streets to protest this outrageous government takeover of the lives and fortunes of its citizens.


24 posted on 03/21/2013 8:12:48 AM PDT by txrefugee
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To: txrefugee

Was Roberts blackmailed?


25 posted on 03/21/2013 8:18:12 AM PDT by Signalman
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To: Signalman

When it comes time to hand out justice, remember who voted for this: ALL DIMocRATs. No Republican did (although some RINOs did help get it to a vote in committee).


26 posted on 03/21/2013 8:26:22 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: spokeshave

Hmm, they will claim isolated incident.


27 posted on 03/21/2013 8:38:51 AM PDT by USAF80
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To: USAF80

Anything Democrats say, it really means the opposite.

Affordable health care isn’t.


28 posted on 03/21/2013 8:46:25 AM PDT by EQAndyBuzz (Got a problem? Nothing a drone strike can't fix.)
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To: TurboZamboni
I lost my job. We're getting insurance through my wife's minimum wage job. Her entire annual salary is paying the $10k premium.

On top of that, coverage is 80/20 on medicine, so we're paying an additional $700/mo. for necessary meds.

Our grand total is over $20k/year.

If I was an illegal alien it would all be free.

But I can't complain. At least Zero hasn't had to cut back on his vacations.

29 posted on 03/21/2013 8:51:03 AM PDT by St_Thomas_Aquinas
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To: TurboZamboni

Remember what I told you?
This is the part where you get to learn what's in the bill we passed without reading.

30 posted on 03/21/2013 8:52:59 AM PDT by Baynative (Lord, keep your arm around my shoulder and your hand over my mouth.)
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To: Truth29
Absolutely, these premium rate increases will collapse the system and chaos will ensue. The voters will demand that the government DO SOMETHING and the politicians will give them single payer government health care that will employ millions of permanent Democrat voters.

It's the greedy insurance companies, of course.

I guess they've just become exceptionally greedy lately.

I'm just grateful that Obama, with his business experience scooping ice cream for Baskin Robbins, will know what to do.

31 posted on 03/21/2013 8:54:32 AM PDT by St_Thomas_Aquinas
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To: tanknetter

“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it.The first lesson of politics is to disregard the first lesson of economics”-Thomas Sowell


32 posted on 03/21/2013 8:59:06 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: St_Thomas_Aquinas
"If I was an illegal alien it would all be free."

And therein might be your solution if you can throw away all your values and upbringing - go to the emergency room, give an ID that you purchased on the street corner and a transient address - get free health care.

33 posted on 03/21/2013 9:27:53 AM PDT by Truth29
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To: kabar

People will be beggin for Single Payer just like the Israelites begged Moses to return them to slavery under Pharaoh.


34 posted on 03/21/2013 9:34:35 AM PDT by 1010RD (First, Do No Harm)
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To: Truth29

My hope in posting is that some DUmmie might stumble across this, and be provoked by this anecdote. Heaven knows, logic doesn’t work.


35 posted on 03/21/2013 9:37:07 AM PDT by St_Thomas_Aquinas
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To: TurboZamboni

I’m shocked, shocked I tell you!/s


36 posted on 03/21/2013 9:40:19 AM PDT by Marathoner (What are we waiting for? Where are the Articles of Impeachment!)
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To: The Cajun
Do not forget that John Boehner, Speaker of the House with a Republican controlled House, refuses to defund Obamacare and its' enforcement.

Boehner is f-n worthless.

37 posted on 03/21/2013 9:41:24 AM PDT by Marathoner (What are we waiting for? Where are the Articles of Impeachment!)
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To: Marathoner
Because Obamacare exempts mooslims...this is an effective TAX on the rest of the population (congress critters and fed gov employees exempt also) on the rest of the population

What else to expect from the islamic white house.

38 posted on 03/21/2013 10:31:29 AM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: TurboZamboni

What happened to that 3,000% decrease in premiums that was going to result in folks getting a raise? (yes this is sarcasm).

http://www.youtube.com/watch?v=lUd-slJc-GY&feature=player_embedded


39 posted on 03/21/2013 11:04:42 AM PDT by MulberryDraw (That which cannot be paid, won't be paid.)
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To: E. Pluribus Unum

“All part of the plan to have the feral government own everything and the peasants rent everything from them.”

TD!

I wonder how many people realize this Bury the middle class, exterminate jobs, lose homes. Turn these homes into Section 8 all over the US especially those that are ethnically or culturally challenged.


40 posted on 03/21/2013 11:54:37 AM PDT by roofgoat
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To: St_Thomas_Aquinas

I am truly sorry for you losing your job. These liberals have nade this personal. It is not about some theoretical idealogy. People’s lives are being turned upside down and trashed by these a-holes.


41 posted on 03/21/2013 1:59:43 PM PDT by plain talk
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To: plain talk
I am truly sorry for you losing your job.

I truly appreciate it.

These liberals have made this personal. It is not about some theoretical ideology. People’s lives are being turned upside down and trashed by these a-holes.

Yup. I just take it one day at a time.

What pisses me off is the media ignoring all this suffering. I remember how they hounded Reagan with endless stories of the homeless. Apparently, that problem has been solved.

My accountant's wife has been out of work for a year. My next door neighbor for two. BIL has been laid off twice. Two of his kids can't find work. I haven't seen anything like this in my 30 years of work. In truth, this is the second great depression.

42 posted on 03/21/2013 2:56:59 PM PDT by St_Thomas_Aquinas
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To: TurboZamboni
WANTED: Due to Obamacare demand we have immediate openings for general surgeons.

No medical license required but must attend a 3 day seminar. Steady hands and familiarity with knives a plus. Lousy pay but steady work.

Call Ms. Sebelius, 1-800-DIE-EASY (ask for Kathy)

43 posted on 03/21/2013 6:56:55 PM PDT by JPG (Stay strong.)
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To: tanknetter

I heard Howard Dean acknowledge just that with my own ears.


And Krugman let slip that is the middle class that would be paying for it.

Yet strangely we hear nothing from the beltway GOP about those statements. It seems the fix is in.


44 posted on 03/21/2013 9:39:38 PM PDT by lodi90
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